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February 21, 2018

Albertsons buys Rite Aid in health care push

By TOM MURPHY
AP Health Writer

The owner of Safeway and other grocery brands is buying the drugstore chain Rite Aid as retailers continue to plunge deeper into health care and adjust to swiftly changing shopping habits.

Albertsons Companies executives said Tuesday that their purchase of Rite Aid's more than 2,500 remaining stores will help the combined company become a “leader in food, health and wellness.”


 
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